SHE:300009 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	281.51	250.2	299.18	260.23	324.59	322.56
Short-Term Investments	42.32	141.07	-	-	-	-
Trading Asset Securities	1,108	1,192	1,145	1,196	842.91	805.43
Cash & Short-Term Investments	1,432	1,583	1,444	1,456	1,167	1,128
Cash Growth	17.81%	9.65%	-0.82%	24.70%	3.50%	26.10%
Accounts Receivable	441.03	495.56	492.35	597.44	476.3	543.89
Other Receivables	54.24	35.16	30.54	9	11.25	46.96
Receivables	495.27	530.73	522.9	606.44	487.55	590.85
Inventory	284.75	252.75	297.3	235.22	210.48	181.25
Other Current Assets	29.7	28.36	11.03	28.03	45.02	21.53
Total Current Assets	2,242	2,395	2,275	2,325	1,911	1,922
Property, Plant & Equipment	1,612	1,625	1,584	1,434	1,176	881.34
Long-Term Investments	497.92	789.28	515.54	404.38	347.89	188.09
Goodwill	66.56	66.56	66.56	66.56	57.6	57.6
Other Intangible Assets	378.38	393.66	412.32	450.36	275.64	126.22
Long-Term Deferred Tax Assets	85.15	61.5	41.8	29.53	41.8	51.22
Long-Term Deferred Charges	217	204.8	223.28	223.8	413.28	386.18
Other Long-Term Assets	27.38	12.15	17.15	17.1	34.41	56.81
Total Assets	5,126	5,548	5,135	4,951	4,257	3,669

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Accounts Payable	184.72	252.28	215.02	211.7	151.01	141.11
Accrued Expenses	206.69	255.35	238.6	328.25	240.6	306.76
Short-Term Debt	71	-	5	-	3	-
Current Portion of Leases	7.1	7.66	10.71	8.81	6.08	3.3
Current Income Taxes Payable	34.41	56.39	58.22	43.91	46.88	93.12
Current Unearned Revenue	12.63	8.09	19.34	24.43	27.96	19.51
Other Current Liabilities	40.24	59.93	120.69	229.98	200.27	62.99
Total Current Liabilities	556.8	639.7	667.59	847.08	675.8	626.79
Long-Term Leases	20.49	25.29	38.25	47.82	24.06	23.74
Long-Term Unearned Revenue	127.44	123.43	121.53	113.52	114.16	107.18
Long-Term Deferred Tax Liabilities	7.25	20.57	8.05	10.01	41.14	7.81
Other Long-Term Liabilities	2.47	2.31	-	-	-	-
Total Liabilities	714.45	811.3	835.41	1,018	855.17	765.52

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Common Stock	1,671	1,673	1,673	1,677	1,673	1,638
Additional Paid-In Capital	455.12	459.5	508.66	519.82	405.73	186.87
Retained Earnings	2,291	2,376	2,058	1,767	1,337	961.26
Treasury Stock	-2.14	-14.55	-114.57	-226.22	-207.41	-
Comprehensive Income & Other	-155.5	64.76	-	-	-	-
Total Common Equity	4,260	4,558	4,124	3,737	3,209	2,787
Minority Interest	152.07	178.34	175.63	194.93	193.09	116.97
Shareholders' Equity	4,412	4,736	4,300	3,932	3,402	2,904
Total Liabilities & Equity	5,126	5,548	5,135	4,951	4,257	3,669

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Total Debt	98.6	32.96	53.96	56.63	33.14	27.04
Net Cash (Debt)	1,333	1,550	1,390	1,399	1,134	1,101
Net Cash Growth	14.19%	11.54%	-0.66%	23.35%	3.03%	25.04%
Net Cash Per Share	0.80	0.93	0.83	0.84	0.69	0.69
Filing Date Shares Outstanding	1,647	1,666	1,678	1,661	1,589	1,638
Total Common Shares Outstanding	1,647	1,666	1,678	1,661	1,589	1,638
Working Capital	1,685	1,755	1,608	1,478	1,235	1,295
Book Value Per Share	2.59	2.74	2.46	2.25	2.02	1.70
Tangible Book Value	3,815	4,098	3,645	3,220	2,875	2,603
Tangible Book Value Per Share	2.32	2.46	2.17	1.94	1.81	1.59
Buildings	848.3	767.14	545.04	583.06	564.87	469.79
Machinery	856.69	809.14	760.51	624.66	562.37	528.17
Construction In Progress	529.79	620.77	799.75	672.51	445.68	228.75